Consumption and saving with habit formation and durability.

DOI10.1016/S0165-1765(02)00012-5zbMath1041.91041OpenAlexW2004598657MaRDI QIDQ1605268

William T. Smith

Publication date: 15 July 2002

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(02)00012-5

zbMATH Keywords

SavingHabit formationConsumptionDurability

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Cites Work

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• Optimal consumption and portfolio rules with intertemporally dependent utility of consumption
• Comparison utility in a growth model
• Consumption, saving and habit formation
• Solving consumption models with multiplicative habits
• Habit Formation and Aggregate Consumption
• The Interaction Between Time-Nonseparable Preferences and Time Aggregation
• Precautionary Savings and the Permanent Income Hypothesis
• Optimal Growth with Intertemporally Dependent Preferences

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